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Joby Stock Sinks As Dilution Fears Slam Investors - Joby Aviation (NYSE:JOBY)

Joby Aviation upsized its convertible notes and common stock offering to $1.18 billion to fund FAA certification, manufacturing scale-up, and commercial passenger service launch.

Summary by Benzinga
Joby Aviation Inc. (NYSE:JOBY) stock tumbled Thursday after the company priced an upsized set of concurrent public offerings totaling more than $1.18 billion. The company priced a concurrent offering consisting of $600 million in 0.75% convertible senior notes due 2032 alongside 52.86 million shares of common stock priced at $11.35 per share. This total deal size represents an increase from the company’s previously announced combined target of $…

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Green Stock News broke the news in on Wednesday, January 28, 2026.
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